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CBB Sukuk Al-Ijara Oversubscribed

July 16, 2014

ENP Newswire - 16 July 2014

Release date- 15072014 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 240%.

Subscriptions worth BD48 million were received for the BD20 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 17 July 2014 and matures on 15 January 2015, is 0.80 % compared to 0.85% for the previous issue on 19 June 2014.

The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.107 (BH0007696949) of the short-term Sukuk Al-Ijara series.

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Source: ENP Newswire

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